Deluxe Corporation (DLX) : Polaris Greystone Financial Group added new position in Deluxe Corporation during the most recent quarter end. The investment management firm now holds 16,701 shares of Deluxe Corporation which is valued at $1,128,153 , the company said in a statement filed on Aug 2, 2016 with the SEC.Deluxe Corporation makes up approximately 0.17% of Polaris Greystone Financial Group’s portfolio.
Other Hedge Funds, Including , Sfe Investment Counsel reduced its stake in DLX by selling 6,875 shares or 8.09% in the most recent quarter. The Hedge Fund company now holds 78,105 shares of DLX which is valued at $5,275,993. Deluxe Corporation makes up approx 2.36% of Sfe Investment Counsel’s portfolio.Cibc World Markets boosted its stake in DLX in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 6,063 shares of Deluxe Corporation which is valued at $425,744.Eagle Asset Management Inc reduced its stake in DLX by selling 169,756 shares or 41.51% in the most recent quarter. The Hedge Fund company now holds 239,223 shares of DLX which is valued at $16,702,550. Deluxe Corporation makes up approx 0.11% of Eagle Asset Management Inc’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in DLX in the latest quarter, The investment management firm added 24,562 additional shares and now holds a total of 24,599 shares of Deluxe Corporation which is valued at $1,666,090. Deluxe Corporation makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.
Deluxe Corporation opened for trading at $68.11 and hit $69.09 on the upside on Monday, eventually ending the session at $68.39, with a gain of 0.19% or 0.13 points. The heightened volatility saw the trading volume jump to 5,59,618 shares. Company has a market cap of $3,345 M.
On the company’s financial health, Deluxe Corporation reported $1.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.18. The company had revenue of $450.60 million for the quarter, compared to analysts expectations of $450.64 million. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 EPS.
Deluxe Corporation provides payment solutions. The Companys product and service offerings consist of checks forms and accessories and other products. The Company operates in three segments: Small Business Services segment Financial Services segment and Direct Checks segment. The Small Business Services segment offers Web design hosting and other Web services; search engine optimization; digital printing services and logo design among others. The Financial Services segment offers customer acquisition programs financial institution profitability and risk management services marketing communications services and fraud protection and security services among others. It also offers forms such as deposit tickets and check registers. The Direct Checks segment supplies checks and provides fraud protection and security services as well as package insert programs. It offers its products under brand names such as Checks Unlimited Designer Checks Deluxe and NEBS among others.